Foreign institutional investors were again the net sellers of Rs 1,440.55 crore in Indian stock markets today, after selling stocks worth Rs. 758 crore on Wednesday (24th August). Benchmark index SENSEX ended 150 points down in todays trade.
So far this month the FIIs have sold stocks worth more than $2 billion in Indian markets.
Indian Markets Dances to the tune of FIIs.
Gold Technical Analysis Charts - Short term and Long term
Now in the month of August 2011 the promoters have again started buying the company's share from open market and has bought over 3.1 lakh shares (0.5%) till 12th Aug 2011. The percentage of shareholding of the promoter as on June 2011 was 37.20% but as per the latest disclosure document submitted to NSE the shareholding of the promoters has gone up to 37.71%.
Rakesh jhunjhunwala interview on the recent market correction and his latest bets / picks.
- Never depend on single income, make investment to create second source.
- If you buy things you do not need, soon you will have to sell things you need.
- Do not save what is left after spending, but spend what is left after spending.
- Never test the dept of river with both feet.
- Do not put all eggs in one basket.
- Honesty is very expensive gift, do not expect it from cheap people.
The following book is a gist of some of his secret investing techniques that an investor can apply while selecting stocks in any kind of market.
List of High dividend yield stocks in NYSE with 1 year positive growth in operating income.
The move might mean drastic cut in China's purchases of US bonds, which will put pressure on US borrowings. China is the largest foreign holder of US debt, with holdings amounting to $1.15 trillion as of April 2011 end.